Business

Bursa ends mixed as Budget vote nears

Losers lead gainers 674 to 540, while 444 counters are unchanged, 511 untraded and 18 suspended

Updated 5 years ago · Published on 23 Nov 2020 5:31PM

Bursa ends mixed as Budget vote nears
Total volume on Bursa stands at 9.43 billion units worth RM4.51 billion this evening. – Facebook pic, November 23, 2020

KUALA LUMPUR – Bursa Malaysia ended the day on a mixed note after decliners surpassed gainers on the overall market, despite the benchmark FTSE Bursa Malaysia KLCI closing slightly higher.

This was after FBM Ace, which recorded strong gains in the earlier session, retreated by 0.74% following concerns surrounding the passage of Budget 2021 in Parliament on Thursday.

At the close, the index that indicates the top 30 companies in terms of market capitalisation wrapped the day 3.73 points stronger at 1,597.48, compared with Friday’s close of 1,593.75.

The index moved between 1,592.71 and 1,600.58 throughout the day.

On the scoreboard, losers led gainers 674 to 540, while 444 counters were unchanged, 511 untraded and 18 suspended.

Total volume stood at 9.43 billion units worth RM4.51 billion. – Bernama, November 23, 2020

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